World Energy Prices 2018: an overview

Energy prices are a significant part of our domestic expenditures, play an important role for industrial competitiveness and influence energy consumption patterns. End-use prices -paid by final consumers- are affected by movements in commodity markets as well as policy decisions. As countries move away from regulated pricing, monitoring energy end-use prices around the world has become increasingly important for analysts and policy makers. Complementing its historical quarterly data for Energy Prices and Taxes of OECD member countries, the IEA’s new World Energy Prices database provides users with high-quality annual data on end-use prices for most countries in the world, based on official sources and calculated using transparent and documented methodologies for each country. This new database casts light on how energy prices vary around the world and how they change over time.